ShanghaiApril 30, 2026 /PRNewswire/ — Suzano, a global large-scale commodity pulp producer, announced its first-quarter 2026 (1Q26) results. Data shows that during the 12-month period from April 2025 to March 2026, the company’s pulp sales reached 12.7 million tons, setting a new historical record. Over the same period, Suzano’s sales of paper and paper products in the packaging paper, printing and writing paper, specialty paper, and tissue paper segments totaled 1.7 million tons.
Suzano Forest
This breakthrough sales performance was primarily driven by increased production capacity from the startup of the Ribas do Rio Pardo mill in Mato Grosso do Sul state, as well as strong operational efficiency across the company’s production lines and supply chain. Currently, Suzano’s products are exported to over 100 countries and regions worldwide.
In the first quarter of 2026, Suzano achieved total sales of 3.2 million tons, including 2.8 million tons of pulp and 378,000 tons of paper and paper products. Quarterly net revenue reached 11 billion Brazilian reais, with adjusted EBITDA of 4.6 billion Brazilian reais and net profit of 4.3 billion Brazilian reais.
This quarter’s performance fully demonstrates Suzano’s operational competitiveness and resilience. Despite a more challenging macroeconomic environment, including the appreciation of the Brazilian real against the U.S. dollar and ongoing geopolitical tensions in the Middle East, the company generated 2.5 billion Brazilian reais in operating cash income. During the period, pulp prices denominated in U.S. dollars saw a moderate recovery.
Suzano CEO Beto Abreu stated:
“We delivered a solid first-quarter performance, with pulp prices outperforming expectations set at the end of 2025. The company has consistently focused on operational efficiency, cost control, and deleveraging. These strategic pillars provide us with resilience and will further strengthen the company’s competitiveness in a challenging operating environment.”
The potential impact of geopolitical tensions in the Middle East on global oil prices has created cost pressures for Suzano and the industry as a whole. However, the company effectively mitigated the impact of rising energy costs on operations through its hedging policies. In the first quarter, excluding downtime effects, the cash cost of pulp production was 802 Brazilian reais per ton.
As of the end of March 2026, Suzano’s net leverage ratio in U.S. dollars stood at 3.3 times, with total net debt of $13 billion.
About Suzano (Goldfish Pulp)
Suzano is a global large-scale commodity pulp producer, a leading manufacturer of paper and packaging in the Americas, and one of Brazil’s largest employers. Committed to sustainable development and innovation, Suzano responsibly cultivates raw materials and exports products to over 100 countries and regions worldwide, meeting global demand for bio-based solutions. Its products are used in everyday items benefiting more than 2 billion people, including toilet paper, tissues, packaging, printing and writing paper, personal hygiene products, and textiles. Founded in Brazil over 100 years ago, Suzano now operates across Latin America, North America, Europe, and Asia, and is listed on the B3 stock exchange in São Paulo (SUZB3) and the New York Stock Exchange (SUZ). For more information, visit: suzano.com.br/en.
Suzano in China
Suzano entered the Chinese market in the 1980s. Over the past decades, with the rapid development of China’s paper industry, China has become Suzano’s largest export destination for pulp. Today, through its wholly-owned subsidiary in Shanghai and the Suzano Asia Innovability Hub, the company deeply integrates with the Chinese market by conducting localized operations in sales, operations, innovation, procurement, finance, and value chain collaboration.
The company supplies Chinese customers with 100% virgin eucalyptus pulp products, including Suzano Biopulp and Eucafluff® fluff pulp, all sourced from responsibly managed plantations. We provide customers with comprehensive support covering technical services, customized solutions, and supply chain management, leveraging an optimized logistics system to ensure stable and on-time delivery of high-quality raw materials.
Suzano has an experienced R&D and technical services team dedicated to expanding addressable markets and enhancing customer competitiveness by promoting innovative applications such as fiber replacement solutions and alternatives to petroleum-based materials.
We are committed to deepening collaboration with a wide range of stakeholders, including governments at all levels, customers, suppliers, academia, and financial institutions. Actively leveraging China’s strengths in manufacturing, technology, and capital markets, we continue to advance collaboration in areas such as supply chain, artificial intelligence, digitalization, and finance — including strategic financial positioning and expanding financing channels through financial instruments like panda bonds. The company also procures a significant volume of equipment, spare parts, raw materials, and other supplies from China for export to its global operations.
We are dedicated to developing innovative bio-based products from renewable resources, driving “innovability” (achieving sustainability through innovation), fostering value chain collaboration, and supporting China in achieving its environmental and social development goals. For more information, visit: http://www.suzanoasia.com.cn.